Analytical Study of Banking Business in India

Abstract

This paper, is devoted to the most important banking legislations for the day-to-day functioning of the State Bank of India, with respect to personnel policies. Special attention is given on the rules for the employees of State Bank of India and sortie important rules concerning functioning of the Bank. Department - The responsibility for the effective working and proper control over the cash department vests in the Cash Officer; under overall administrative control of the Branch Manager / Accountant. The work entrusted to the subordinate staff should be carried out in immediate presence of the Cash Officer, Deputy Cash Officer, Assistant Head Cashier or the Cashiers as the case may be. They are not at any time allowed to handle cash or other valuables independently.